A newly divorced City banker is “giving away” his millionaire lifestyle complete with his home, car and boat in a competition that anyone can enter for £20.

Andrew Paul’s five-bedroom home in an acre of Kent countryside has been valued at £1.1million and has a designer kitchen, cinema and games rooms.

His new Aston Martin DBS is worth £160,000 and his Sealine 35 Sport motor boat £200,000.

The winner of the competition – which is running at www.winanewlife.com – can choose to take £1million in cash as an alternative to the prizes.

City equities trader Mr Paul, 38, claims he wants to give up the trappings of his millionaire lifestyle to “make a fresh start” after splitting from his wife of five years.

If he achieves maximum sales of 200,000, Mr Paul will rake in up to £4million, making a very healthy profit at a time when it might otherwise have been hard to sell his house.

There will be a lower cash prize if fewer than 150,000 tickets are sold.

Via ThisIsLondon